Which of the following statements is not correct?
A. Consumers may benefit from monopolies if the firms invest their higher profits into something that benefits societ such as medical research.
B. Monopolists typically produce larger quantities of output than competitive firms.
C. Consumers will likely benefit in the form of lower prices from buying a product made by a natural monopoly than if the market were served by several firms.
D. Monopolists typically charge higher prices than competitive firms.